THE SHOAL — financial and operating metrics

CCN 676360, TEXAS CITY, TX · Medicare cost reports, FY2022–FY2025

Short reporting period. FY2022 (180 days) covers less than a full year, usually because the facility changed its fiscal year end, opened, closed or changed hands. Its totals are not comparable with the full years beside them, and no figure here has been scaled up to disguise that.

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022
180d
FY2023FY2024FY2025
Total facility bedsunverified134134134134
Total bed days availableunverified24,25448,91049,04448,910
Total inpatient daysunverified11,94929,95734,23936,949
Total patient revenue (gross charges)unverified$2,923,662$7,603,206$9,189,000$10,099,676
Contractual allowances and discountsunverified$353,967$-192,263$-344,690$-405,030
Net patient revenueunverified$2,569,695$7,795,469$9,533,690$10,504,706
Total operating expensesunverified$3,605,340$8,932,662$10,608,049$11,272,524
Net income from service to patientsunverified$-1,035,645$-1,137,193$-1,074,359$-767,818
Net income (loss) for the periodunverified$-895,205$-1,133,873$-396,101$-126,595
Operating marginunverified-40.3%-14.6%-11.3%-7.3%
Occupancy rateunverified49.3%61.2%69.8%75.5%
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